Neptunus Power Plant Services Pvt Ltd on Friday announced the signing of a memorandum of understanding (MoU) with the Indian Register of Shipping (IRS) to promote indigenous marine engine condition-monitoring technology under the Government of India’s ‘Make in India’ initiative.
The MoU, signed during Maritime India Week 2025, cements a strategic collaboration aimed at mainstreaming data-driven maintenance and digital diagnostics across India’s shipping industry — heralding a new era of maritime innovation built on Indian research, design, and manufacturing capabilities.
As part of the partnership, the IRS has awarded Type Approval Certification to Neptunus for its VIB 360 – Engine Condition Monitoring System and Torque Sense SHAPOLI — marking the world’s first instance of indigenously developed, IRS-certified condition-monitoring technologies for marine diesel engines and propulsion systems.
“The certification demonstrates India’s capability to deliver globally compliant, export-ready maritime solutions built entirely at home,” the company said in a statement.
Traditionally, ship maintenance has relied on fixed Original Equipment Manufacturer (OEM) intervals — often conservative and expensive. With VIB 360, operators can transition to Condition-Based Maintenance (CBM), enabling fleets to eliminate unplanned downtime, enhance reliability, reduce maintenance costs by up to 30 per cent, optimise fuel efficiency, and lower emissions.
“This MoU with the Indian Register of Shipping reinforces our belief that Indian engineering can shape the global maritime future,” said Uday Purohit, Managing Director and Chief Executive Officer of Neptunus Power Plant Services.
